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Stock impact report

Exclusive-Sanctions-hit Belarus looks at Gambia to boost depleted fleet [Yahoo! Finance Canada]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Western sanctions imposed on Belarus and its larger neighbour Russia after Minsk forced a Ryanair plane to land in the Belarusian capital and following Moscow's invasion of Ukraine mean the two staunch allies face a shortage of planes, particularly large passenger aircraft. Belarus and Russia share a borderless union state. The three wide-body Airbus A330 aircraft, which can typically carry around 250 passengers each, were all registered to Magic Air when they landed in Minsk on August 17, 2024, records by Flightradar24 and two other flight tracking services providers reviewed by Reuters show. State-owned Belavia is in the process of signing a contract to buy the planes, which arrived in very poor technical conditions, and plans to start flying them this spring-summer season, one of the sources said. Should Belavia succeed, it could give Russia a blueprint for circumventing sanctions through the use of non-Western nations' planes, according to industry experts. The United Sta Show less Read more
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